Bahrain 'remains key investment destination'

Manama, October 20, 2011

Bahrain has succeeded in preserving its status as a major investment destination, despite challenges, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has said.

"The kingdom still enjoys that glittering investment aura, braving all the challenges it confronted," he said after opening the "Invest in Bahrain 2011" Forum..

He credited the strong resolve of Bahrainis which defied all challenges resulting from domestic, regional and global events.

"Bahrain has always been open to embracing joint Gulf and Arab work and attracting investments," the Premier said, stressing the kingdom's potential to host major projects owing to its economic competence and modern infrastructure.

"The private sector was also urged to step up efforts and benefit from the competitive and favourable investment climate.

"Strong economies in the world always need solid legislative pillars to ensure their sustainability," he said.